Is it advisable to use a debt collection agency? How effective are they?

Posted January 12, 2010 – 1:49 pm in: Personal Finance

I want to collect a substantial amount from my Judgment debtor. Can a debt collection agent assist reliably in this regard? Can you please recommend some to me? I do understand that they don’t come cheap, though some offer free services so far they get a commission.

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One Comment

  1. Colorado Papa
    Posted January 12, 2010 at 2:25 pm | Permalink

    If you have a court order, go back to the court and tell them you have not been paid. I don’t think it’s necessary to pay someone else to collect your money if it already has a judgment.

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